The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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The WTI Crude Oil market rallied again during the day on Monday, in a very quiet session due to the Presidents Day holiday in America, relying solely on electronic trading around the world.
The US dollar has rallied slightly during the trading session on Monday but would have been in very thin volume during American trading as they were celebrating the Presidents’ Day holiday.
The S&P 500 of course was close during the session on Monday as the Americans celebrated Presidents’ Day, but in the end, we did have some electronic futures trading and of course CFD trading.
Gold prices ended Monday’s session down $0.72 an ounce as the dollar recovered some of its recent losses.
Get the NZD/USD Forex signal for February 19, 2018 here.
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Get the BTC/USD Forex signal for February 19, 2018 here.
Get the USD/JPY Forex signal for February 19, 2018 here.
Get the USD/CAD Forex signal for February 19, 2018 here.
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Get the GBP/USD Forex signal for February 19, 2018 here.
Get the EUR/USD Forex signal for February 19, 2018 here.
The EUR/USD pair has fallen rather precipitously during the trading session on Friday, breaking through the 1.25 level as it was suggested by the ECB that interest rates will not rise until after quantitative easing is stopped.
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The US dollar rallied a bit during the trading session on Friday, bouncing from extreme lows.
The WTI Crude Oil market initially fell on Friday but turned around to form a hammer.